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by sonnyblarney
2849 days ago
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What is the 40% based on? Because there isn't a hint of justification in that post. If customer acquisition costs are really high, then they're throwing good money after bad. All of this talk of 'solid financials' while a company is losing money every quarter and whereupon there's no evidence of profit at the unit level ... is scary, it feels like one of those reddit ico pump-it-up chats. It's all very highly speculative, is what it is. So let's hope it's a great company, with a solid offer and they manage the growth effectively. |
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